India's largest green hydrogen project launched at Panipat refinery
A new green hydrogen production project at Panipat adds supply capacity for hydrogen and related refinery inputs in India.
Source →The trace
How it reaches your house.
Starting from Hydrogen (refinery-grade), we walked the supply graph hop by hop to the goods you buy and the companies you own. Each step is the engine’s reasoning, scored for confidence and cited where a source backs it.
First impact
Natural Gas (SMR feedstock for hydrogen) →supply upPanipat refinery
The project adds 10 KTPA of green hydrogen capacity at Panipat, raising hydrogen availability for the refinery and reducing reliance on SMR-based natural gas feedstock.
“Indian Oil Corporation Ltd. will set up a 10 KTPA green hydrogen facility at its Panipat refinery”
88% confidenceCited →Green Hydrogen Electrolyzers (PEM and Alkaline) →Stands to benefitPanipat's new green hydrogen capacity should lift demand for PEM/alkaline electrolyzers, modestly benefiting this 8% market-share supplier.
58% confidenceGreen Hydrogen Electrolyzers (PEM and Alkaline) →Stands to benefitHop 2
Cummins Power Systems →Stands to benefitGreen Hydrogen Electrolyzers (PEM and Alkaline)
Cummins supplies green hydrogen electrolyzers with an 8% market share, so the launch of a major Indian green-hydrogen project modestly increases demand for that equipment.
44% confidenceNel ASA →Stands to benefitGreen Hydrogen Electrolyzers (PEM and Alkaline)
Panipat's new green-hydrogen capacity implies additional demand for PEM/alkaline electrolyzers, which Nel supplies, but the effect is limited relative to Nel's broader market.
39% confidence